Dai (DAI) continues to hold its ground as one of the most trusted decentralized stablecoins in the Indian cryptocurrency market. On 28 May 2025, the DAI price in India stood at ₹85.38, reflecting a marginal 0.03% increase over the past 24 hours. This stability underscores DAI’s role as a reliable digital asset pegged to the US Dollar, offering Indian investors a low-volatility option in an otherwise dynamic crypto landscape.
With growing adoption of blockchain-based financial solutions, DAI has become increasingly relevant for users seeking stable, borderless, and censorship-resistant transactions. Whether you're a seasoned trader or new to digital assets, understanding DAI’s current valuation, market behavior, and long-term potential is essential.
👉 Discover how stablecoins like DAI are reshaping digital finance in India.
Current DAI Price and Market Overview
As of 11:58 PM IST on 28 May 2025, here's a detailed snapshot of DAI’s market performance in Indian Rupees (INR):
- Current Price: ₹85.38
- 24-Hour Change: +0.03%
- 24-Hour Low – High Range: ₹85.28 – ₹85.72
- Market Capitalization: ₹3,22,232 crore
- 24-Hour Trading Volume: ₹7,179.85 crore
- Fully Diluted Market Cap: ₹3,22,132 crore
- Circulating Supply: 3,773,581,374.24 DAI
- Total Supply: 3,772,416,081.09 DAI
Unlike volatile cryptocurrencies such as Bitcoin or Ethereum, DAI maintains price stability through over-collateralized reserves on the MakerDAO protocol. Each DAI is soft-pegged to $1 USD, which translates to approximately ₹85.38 under current forex rates—making it a practical tool for savings, remittances, and DeFi participation.
The minimal 24-hour fluctuation (+0.03%) highlights DAI’s resilience against market swings, reinforcing its utility for risk-averse users and institutional players alike.
Key Metrics Explained
Understanding core metrics helps investors assess the health and scalability of any cryptocurrency. Here's what matters for DAI:
Market Capitalization
Market cap is calculated by multiplying the current price by the circulating supply. At over ₹3.22 lakh crore, DAI ranks among the top stablecoins globally by market cap, indicating strong network trust and widespread usage.
Trading Volume
The 24-hour trading volume of ₹7,179.85 crore suggests active engagement across Indian and global exchanges. High volume typically correlates with liquidity and ease of entry/exit—critical factors for traders.
Circulating vs. Total Supply
While the circulating supply represents coins actively traded, total supply includes all minted tokens minus burned ones. For DAI, these figures are nearly identical, reflecting a mature and balanced issuance model.
Note: Unlike Bitcoin or Litecoin, DAI does not have a maximum supply cap. Instead, new tokens are created when users lock collateral in Maker Vaults, ensuring supply adjusts dynamically with demand.
Historical Price Trends (23–28 May 2025)
Tracking recent price movements reveals patterns in market sentiment and macroeconomic influences:
| Date | Price (INR) | 24H Volume (INR) | Market Cap (INR) |
|---|---|---|---|
| 27 May | ₹85.37 | ₹6,995.25 crore | ₹3,17,636 crore |
| 26 May | ₹85.17 | ₹4,152.07 crore | ₹3,15,935 crore |
| 25 May | ₹85.20 | ₹4,719.28 crore | ₹3,15,078 crore |
| 24 May | ₹85.07 | ₹4,720.91 crore | ₹3,14,157 crore |
| 23 May | ₹85.04 | ₹16,062.74 crore | ₹3,13,599 crore |
| 22 May | ₹85.96 | ₹12,503.67 crore | ₹3,18,025 crore |
Notably, 23 May saw a spike in trading volume—over ₹16,000 crore—likely driven by broader market volatility or regulatory speculation. Despite this surge, DAI’s price remained tightly anchored around ₹85–₹86, demonstrating robust peg maintenance even during periods of high demand.
👉 See how real-time data influences crypto trading decisions in India.
Why DAI Matters in India’s Crypto Ecosystem
India has emerged as one of the fastest-growing markets for cryptocurrency adoption, with over 15 million users actively trading digital assets. In this environment, stablecoins like DAI play a pivotal role:
- Hedge Against Rupee Volatility: While INR is relatively stable, global macro shifts can affect purchasing power. Holding USD-pegged DAI offers protection.
- Access to Decentralized Finance (DeFi): Indian users leverage DAI for lending, borrowing, and yield farming on platforms like Aave and Curve.
- Cross-Border Transactions: Freelancers and exporters use DAI for fast, low-cost international payments without traditional banking delays.
- Regulatory Neutrality: As a decentralized stablecoin not issued by a centralized entity, DAI operates outside direct government control—appealing to privacy-conscious users.
Moreover, with increasing scrutiny on centralized stablecoins like USDT and USDC, DAI’s transparent and on-chain governance model enhances trust among informed investors.
Frequently Asked Questions (FAQ)
Q: Is DAI truly pegged to the US dollar?
A: Yes. DAI is designed to maintain a 1:1 value with the US Dollar through algorithmic and collateral-backed mechanisms managed by MakerDAO.
Q: Can I buy DAI in India using INR?
A: Absolutely. Many crypto exchanges allow direct INR-to-DAI purchases using UPI, bank transfers, or other local payment methods.
Q: How is DAI different from USDT or USDC?
A: Unlike USDT and USDC—issued by centralized companies—DAI is fully decentralized and backed by crypto collateral rather than fiat reserves.
Q: Is DAI safe for long-term holding?
A: Given its proven track record since 2019 and consistent peg stability, DAI is considered a secure option for short-to-medium term holdings.
Q: Does DAI earn interest if held?
A: Not directly—but you can deposit DAI into DeFi protocols like Maker or Compound to earn yield through lending.
Q: What affects DAI’s price in INR?
A: While DAI tracks USD closely, fluctuations in the USD/INR exchange rate will impact its rupee value.
The Future of DAI in India
Looking ahead, DAI is well-positioned to expand its footprint in India’s evolving digital economy. As more Indians gain access to blockchain wallets and decentralized applications (dApps), demand for stable, programmable money will rise.
Projects integrating DAI for microloans, remittances, and gig economy payouts are already emerging in tier-2 and tier-3 cities. Additionally, educational initiatives around DeFi are empowering younger generations to explore financial tools beyond traditional banking.
👉 Start exploring decentralized finance with one of the most trusted stablecoins today.
Final Thoughts
Dai (DAI) remains a cornerstone of trust and functionality in the global—and particularly Indian—cryptocurrency space. Its stability, transparency, and utility make it more than just a digital dollar; it's a gateway to financial innovation.
Whether you're monitoring daily price changes or planning long-term investments in DeFi ecosystems, staying informed about DAI’s performance metrics ensures smarter decision-making.
By focusing on core keywords like Dai cryptocurrency price in India, DAI price in INR, stablecoin India, DAI market cap, DeFi in India, cryptocurrency trading India, USD-pegged crypto, and blockchain finance, this guide aligns with real user search intent while delivering actionable insights.
Stay updated, stay secure—and consider how assets like DAI can support your financial journey in the digital age.